Back to News

Fantom Foundation Launches Sonic Labs

Twitter icon  •  Published il y a 4 mois  •  Hassan Maishera

The Fantom Foundation announced via a blog post on Monday that it has launched Sonic Labs, an incubator for developers to build innovative dApps ready for the Sonic mainnet.

The Fantom Foundation announced via a blog post on Monday that it has launched Sonic Labs, an incubator for developers to build innovative dApps ready for the Sonic mainnet.

Sonic Labs will award up to 5 projects from a 1,000,000 FTM funding pool along with mentorship from the Fantom co-founder, Andre Cronje. The Fanto, Foundation added that Sonic Labs strives to provide support for developer teams with innovative applications to fully utilize the groundbreaking capabilities of the Fantom Sonic tech stack.

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Fantom’s FTM coin is up by 3% in the last 24 hours and is currently trading at $0.3311.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.